Friday, February 26, 2021

REACH 198 - Balancing Budget is our cornerstone. Should we draw further into our reserves (SK)

26 Feb 2021 (11am - 7pm)


REACH

[10:51 am, 26/02/2021] +REACH: Job redesign, mindset change needed to better support older workers

More initiatives are needed to support older workers, such as redesigning jobs and pushing for a mindset change among employers and staff, MPs said on Thursday (Feb 25).

More: https://www.straitstimes.com/singapore/politics/budget-debate-job-redesign-mindset-change-needed-to-better-support-older-workers

[10:51 am, 26/02/2021] +REACH: New govt bonds should also be used to invest in 'human capital', says WP's Jamus Lim

Money raised from the issuance of new government bonds should not only be used to fund long-term infrastructure projects, but also be put towards research and development (R&D), reducing class sizes in schools and to implement unemployment insurance, Associate Professor Jamus Lim (Sengkang GRC) said on Thursday (Feb 25).

More: https://www.straitstimes.com/singapore/budget-debate-new-govt-bonds-should-also-be-used-to-invest-in-human-capital-says-wps-jamus

[10:54 am, 26/02/2021] +REACH: President Halimah Yacob launches new after-school activity centre at Bukit Merah Secondary School

When she was a Secondary 1 student at Bukit Merah Secondary School (BMSS), R. Hanah Shakilaa often lacked motivation to do well in her classes.

More: https://www.straitstimes.com/singapore/president-halimah-yacob-launches-new-after-school-activity-centre-at-bukit-merah-secondary

[10:54 am, 26/02/2021] +REACH: MOE flexible on students' use of learning devices after school: Lawrence Wong

Parents and students will have some flexibility in how they wish to use their learning devices after school hours, said Education Minister Lawrence Wong.

More: https://www.straitstimes.com/singapore/parenting-education/moe-flexible-on-students-use-of-learning-devices-after-school-lawrence

[11:13 am, 26/02/2021] +REACH: Berries teacher tests positive for COVID-19, Yishun branch closes temporarily

A teacher at the Berries World of Learning School branch in Yishun was among two community cases of COVID-19 reported in Singapore on Thursday (Feb 25), the Ministry of Health (MOH) said in its daily update.

More: https://www.channelnewsasia.com/news/singapore/berries-teacher-covid-19-yishun-centre-closed-14282234

[11:53 am, 26/02/2021] +REACH: Welcome back! 😊

⏰ We will be opening the chat from 11.50 to 7pm today. ⏰

House Rules (short version of our Terms of Use) to keep in mind: 

1. Be kind and respectful. We all want to be in a safe space to share our views. 

2. Any and all threatening, abusive, vulgar or racially, religiously and ethnically objectionable content is prohibited.

3. Consider the quiet ones among us and give them a chance to comment.

4. No need to repeat your comment or in different forms (including caps) - we heard you loud and clear the first time.

5. Let’s protect each other’s privacy and keep contact details in this group what it should always be - confidential. 

Full set of Terms of Use: https://go.gov.sg/reach-whatsapp-terms

We will strive to uphold these rules to en…

[11:58 am, 26/02/2021] +REACH: 📢 Topic 📢 

💬 The discipline of balancing budgets is the cornerstone of our financial resilience.

What are your views about the drawing of past reserves for exigencies such as the COVID-19 pandemic to support businesses, employees and families?

To sustain economic relief amid an unprecedented pandemic, the Government will draw on its past reserves for a second consecutive year, said Deputy Prime Minister Heng Swee Keat on Tuesday (Feb 16).

This will fund the S$11 billion COVID-19 Resilience Package in Budget 2021, which is needed to tackle the immediate challenges that the pandemic presents, said Mr Heng in Parliament, adding that the measures are “extraordinary and temporary”.

He also emphasised the need for fiscal prudence and discipline, saying that the Government must “return to running balanced budgets” beyond this crisis.

👉 https://www.channelnewsasia.com/news/singapore/budget-2021-fiscal-position-draw-reserves-covid-19-14209004

👉 https://www.channelnewsasia.com/news/singapore/budget-2021-key-to-invest-in-future-without-drawing-on-past-14273138

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[0:10 pm, 26/02/2021] +Rama: This is unprecedented in our nation history and cannot be avoided. Fortunately,  our founding government had the foresight to put aside for a rainy day.


[0:23 pm, 26/02/2021] ☸️  Danny 心: 

1. There are increasing evidence that vaccination has started to curb the covid-19 pandemic.


2. Balancing the budget is important to Singapore as we have no natural resources.

Our only national resources are our financial reserves that we take pain to accumulate over times through the hardwork of our few generations.


3. Thus as far as possible, we should avoid drawing into our reserves if the covid-19 situation is stabilised.


[0:25 pm, 26/02/2021] ☸️  Danny 心: https://www.channelnewsasia.com/news/world/covid-19-pfizer-vaccine-found-94-effective-real-world-14276192

Israel mass vaccination using Pfizer-BioNTech vaccine - real data show:-

1. Curbing covid highly effective.

2. Effective against UK mutated strain.

3. Seem to reduce covid transmission - but detail data needed to confirm.

4. Opening up of economy did not indicate more infection.


[0:37 pm, 26/02/2021] +Stella Yip: I hope immigration dept will have data of citizens who have received the vaccine locally and issue new passports showing this.  The SG passport and healthcare is recognised worldwide, so I hope SG passport holders (business travellers, students studying abroad, tourists) will benefit when they travel abroad in the near future.


[1:11 pm, 26/02/2021] ☸️  Danny 心: 

1. In fact, we must have the resolved to repay back the $53.7 billion we have drawn from our reserves - once the covid pandemic is over and the Economy start to recover.


2. We must ensure that our reserves are properly safeguarded because :-

a. Reserves is our lifeline - that will save us in time of crisis. Hence we must ensure that our reserves are only use as "life saving for last resort" - and must attempt to rebuild it back once we recover.


b. Reserves must be accumulated to ensure that our descendants - have something to fall back on - in times of crisis. We must not let our descendants take on undue burden by depleting our reserves as far as we can tide over the pandemic.


3. Financial reserves and human resources - are the only 2 national resources that we have. We must safeguard them zealously as far as possible.

Thrift, hardworking, Financial Prudence - must be our values that we must treasure --- as these are the foundation that make Singapore successful and must pass on these values to our descendants.


[1:24 pm, 26/02/2021] ☸️  Danny 心: 

1. Some MPs are urging Government to implement National Insurance for unemployment.


2. In fact, I am of the opinion that such insurance will blunt our labour competitiveness because :-

a. Once a person have insurance money to fall back on - the person will stop to seek jobs when the going get tough - and stop working.

b. Unemployed people will not be motivated to seek jobs, or go for training in skillsets that are needed.


3. If more people do so, our labor force will  get depleted, investors and organisations will have less workers to tap on - where either employers will employ more foreign labours when our local workers stop working, or investors leave.


4. When this happen, Singapore GDP growth will be blunted and fall, as investors leave, more Singaporean workers will lose their jobs and our National Economy will be impacted.


5. Unemployment insurance is the sure way - to make Singaporean workers stop seeking work, lay back and give up looking for jobs - when they have unemploiyment insurance to fall back on.

ie. If I got money monthly from unemployment insurance, why work --- and Singapore Economy will suffer.


[1:39 pm, 26/02/2021] +Rama: Well said


[1:39 pm, 26/02/2021] ☸️  Danny 心: 

Another thing to ask :-

1. If go for unemployment insurance, who is going to pay for the premium?


2. Singapore workers and employers are already setting aside money for CPF.

Are we expecting workers and employers to set aside additional money to pay the premium for unemployment?

a. If workers pay, then workers will have even lesser disposable income to take home.

b. If employers pay, then employers will pay less salary to our workers or they will prefer to employ foreign workers as they no need to pay extra unemployment insurance premium for the foreign workers.

This will further make our local workers uncompetitive in the job market.


3. If these MPs expect Government to pay unemployment insurance premium for our local workers, where will these money come from?

a. Expect to dig deeper and more from our reserves?

b. Or expect the Government to pay more taxes eg. GST, income tax, property tax, corporate tax from us?


4. I am of the opinion that Singapore government should encourage workers to set aside part of their savings to buy their own saving plan insurance as part of savings for their rainy day --- rather than a National insurance scheme.


5. Government should focus on :-

a. Help retrenched workers to find new jobs.

b. Get retrenched workers to get training (free of charge) and pay them allowances for training to finance their household training.

c. Place trained retrenched workers into new jobs.


6. This will in fact fulfil the philosohpy of :-

a. Giving "fishing rods" to workers to "fish for themselves" - rather than giving them fish.

b. Ensure workers will not get lazy and drop out from the workforce - and blunt our national labor competitiveness, reduced availability of workers for our organisations and investors.

c. Blunt our Economic growth.


[1:41 pm, 26/02/2021] +Rama: Agree on point 4 and 6 especially

[1:52 pm, 26/02/2021] +james: for all this talk about our reserves being important.. and they are.. i'm actually a bit concerned about what our reserves are actually held in. with the way that central banks around the world printing money like free... i surely hope that the bulk of our reserves are not held in these fiat currencies. cause the value of our reserves will plummet when the financial system finally crashes. and it looks to be relatively soon 😩

[1:55 pm, 26/02/2021] +Rama: An article long ago mentioned a basket of currencies


[2:04 pm, 26/02/2021] ☸️  Danny 心: 

Singapore have 3 Sovereign Funds - each performing different functions :-

a. GIC - take a more conservative stunts - and invest in long term strategic assets.

b. Temasek Holdings - are more aggressive in investment as well as own strategic GLC assets.

c. MAS - is a Central Bank that manage our Monetary Policies - such as producing currencies, manage exchange rate, keep money supply for our domestic needs, trade such as imports and exports, develop Singapore as financial hubs.

MAS need to maintain a basket of foreign currencies to ensure our exchange rate is competitive - to facilitate our trade.

I think MAS has also signed quite a number of bilateral currency swap with many of our trading partners - to ensure currency stability to facilitate cross trade and investment.

MAS are unlike our 2 other Soverign Funds to focus on investment and grow our reserves wealth.

MAS is purely a Central Bank.


[2:11 pm, 26/02/2021] ☸️  Danny 心: 

Besides MAS is holding only about $300 over billion for monetary policy.

The other 2 sovereign funds hold a substantial amount of funds for investment in global strategic assets.


[2:12 pm, 26/02/2021] +Leonard Lau: MAS has a bigger portfolio than Temasek . GIC has a  smaller profile


[2:12 pm, 26/02/2021] ☸️  Danny 心: ?


[2:15 pm, 26/02/2021] ☸️  Danny 心: 

GIC provide seed funds to Temasek and has the largest fund.

The amount is kept secret.


[2:16 pm, 26/02/2021] ☸️  Danny 心: 

In 2018, MAS has $382 billion.

Temasek has $308 billion.


[2:18 pm, 26/02/2021] +james: Thanks for sharing this. Very clear and useful 🙏🏼

[2:24 pm, 26/02/2021] +Leonard Lau: Read the FAQ ... thanks .

https://www.gic.com.sg/faq/


[2:26 pm, 26/02/2021] ☸️  Danny 心: 

Can't find the fund capital.


[2:28 pm, 26/02/2021] +Leonard Lau: ?


[2:31 pm, 26/02/2021] ☸️  Danny 心: 

Can't find GIC total fund capital.


[2:32 pm, 26/02/2021] +Leonard Lau: GIC a already stated that it is state secret .

[2:32 pm, 26/02/2021] +Leonard Lau: By providing the number , any financial person can deduce our reserve and it can be attacked


[2:33 pm, 26/02/2021] ☸️  Danny 心: Sovereign fund wealth institute estimate the fund is bigger than Temasek and MAS.


[2:34 pm, 26/02/2021] +Leonard Lau: Maybe .. but many felt it is the smallest .. due to the nature of their investment


[2:35 pm, 26/02/2021] ☸️  Danny 心: 

GIC provide the seed fund to Temasek.

Additional earnings from MAS are plough back to GIC and Temasek.


[2:35 pm, 26/02/2021] +Leonard Lau: Read the FAQ .


[2:38 pm, 26/02/2021] ☸️  Danny 心: 

Well it doesn't reveal GIC fund is smaller.


[2:39 pm, 26/02/2021] +Leonard Lau: Haha .. if MAS and Temasek is both ends of investment spectum and GIC only invests in public projects .. what does it tell you ?  Will such portfolio give good returns ?


[2:56 pm, 26/02/2021] ☸️  Danny 心: 

Wouldn't give good return doesn't mean the capital funds is smaller.

GIC is just being conservative.


[2:59 pm, 26/02/2021] ☸️  Danny 心: 

If we want to counter a sudden onslaught attack, will you keep your cashflow strong or keep it low by putting into long term investment that cannot pull back cash?


[3:15 pm, 26/02/2021] +REACH: Nature advocates will be invited to take part in work studying ecological connectivity: Desmond Lee

Members of the nature community will be invited to take part in work to build a more comprehensive picture of Singapore’s islandwide ecosystem and connectivity, said National Development Minister Desmond Lee on Friday (Feb 26). 

More: https://www.channelnewsasia.com/news/singapore/kranji-woodland-nature-community-engaged-desmond-lee-14287442

[3:40 pm, 26/02/2021] +REACH: 13 new COVID-19 cases in Singapore, all imported

More: https://www.channelnewsasia.com/news/singapore/covid-19-moh-new-cases-feb-26-imported-community-14286122


[4:07 pm, 26/02/2021] ☸️  Danny 心: 

Our NIRC + fund return = $19.6 X 2 = $39.2 billion.

Temasek with capital fund = $306 billion bring about 5% return = $15.3 billion.

Which means $23.9 billion will be brought in by GIC.

If GIC return rate is lower than Temasek.

If GIC capital fund is not larger, how to bring in higher return than Temasek?


[4:17 pm, 26/02/2021] ☸️  Danny 心: 

If we work backwards by guessing a return rate lower than Temasek, with the fund return - we can roughly deduce how much is the capital funds for GIC - which is much higher than Temasek and MAS.


[4:31 pm, 26/02/2021] ☸️  Danny 心: https://www.channelnewsasia.com/news/singapore/singapore-sinovac-covid-19-vaccine-first-shipment-february-14272652

Sinovac efficacy only 50%.

Also no data whether it is effective against UK, Brazil or SAfrica strains or not.


[4:31 pm, 26/02/2021] ☸️  Danny 心: https://www.channelnewsasia.com/news/world/pfizer-biontech-testing-3rd-dose-covid-19-vaccine-new-strains-14281276

mRNA vaccines more ready to tackle SAfrica and future strains.

Pfizer-BioNTech and Moderna vaccines are more suitable for us.


[4:34 pm, 26/02/2021] +REACH: About 500 direct telemedicine service providers declared to meet MOH's measures, added to listing

Close to 500 direct telemedicine service providers have declared to meet the Ministry of Health's (MOH) process and governance measures and have been listed on its website as of Feb 22.

More: https://www.channelnewsasia.com/news/singapore/telemedicine-service-providers-meet-moh-measures-listed-14288260

[4:43 pm, 26/02/2021] +REACH: Raising productivity the only way to keep improving jobs and lives, says DPM Heng

Raising productivity, where firms transform in ways that bring workers along as they develop, is the only way to continually improve the the jobs and lives of Singaporeans - which is the ultimate goal of the country's economic growth, said Deputy Prime Minister Heng Swee Keat on Friday (Feb 26).

More: https://www.straitstimes.com/singapore/politics/budget-debate-raising-productivity-the-only-way-to-sustain-improvements-in-jobs

[4:44 pm, 26/02/2021] +REACH: Stay active while exploring Singapore on foot with the SingapoRediscovers edition of GameOn Nila!

Sport Singapore (SportSG) and Singapore Tourism Board (STB) will be launching a new edition of GameOn Nila!, a community game that will be part of the ongoing SingapoRediscovers campaign.

More: https://www.straitstimes.com/sport/stay-active-while-exploring-singapore-on-foot-with-the-singaporediscovers-edition-of-gameon

[4:45 pm, 26/02/2021] +REACH: NLB launches new digital literacy programme for seniors

A new and free digital literacy programme aimed at seniors was launched by the National Library Board (NLB) on Friday (Feb 26).

More: https://www.straitstimes.com/singapore/consumer/new-digital-literacy-programme-for-seniors-launched-by-national-library-board

[4:47 pm, 26/02/2021] +Alvin: Drawing past reserves should be done in the most dire situations like Covid19 etc. however we should also know when to stop it should the situation not improve. It may be a bottomless hole we are trying to fill using our past reserves. If there is a need to choose, focus on employees and families. There will always be some organizations that will NOT survive this pandemic and we have to let them shutdown while investing in new startups or enterprises that are being set up. My 2.14 cents

[5:10 pm, 26/02/2021] +james: Apart from thinking about reserves and topping it up, I say we need a rethink about how we need to value life in our nation. And start seeing human capital as what’s truly valuable that will help Singapore tide over any crisis in the future. Both in terms of upping our TFR, but also allowing our people to flourish and thrive.

The true strength of a nation lies in the abilities, strength and resilience of its people regardless of the size of the financial reserves that nation may have.

[5:11 pm, 26/02/2021] +Rama: YES! There's more to just dollars and cents

[5:26 pm, 26/02/2021] +Girl wave hand: ESG needs to give priority to job redesign projects benefiting mature workers. Previous workpro grant has good initiatives whereby mature workers benefit from these projects as well through salary gains on successful implementation of projects which boost productivity, simplify work or enable work to be less strenuous for them, so that they can continue to do their jobs as they age.

[5:27 pm, 26/02/2021] +Girl wave hand: a higher grant quantum will also encourage more uptake for such projects

[6:06 pm, 26/02/2021] +REACH: S'pore clinics must issue digital pre-departure Covid-19 test certificates for outbound travellers from March 10

 Clinics authorised to conduct pre-departure Covid-19 tests (PDTs) for outbound travellers will have to issue digital test result certificates from March 10 onwards, instead of the current physical certificates.

More: https://www.straitstimes.com/singapore/spore-clinics-must-issue-digital-pre-departure-covid-19-test-certificates-for-outbound

[6:46 pm, 26/02/2021] +REACH: Dear Contributors,

⏰ We will be closing the chat in 15 minutes ⏰

Thank you very much for being part of our WhatsApp chat and participating actively.

Goodnight!

Megan

[6:53 pm, 26/02/2021] +Bobby Tan: Good night Megan

[6:56 pm, 26/02/2021] +REACH: New academy to offer public services officers more digital skills training

A new academy will be launched in the second quarter of this year to help public service officers build up digital skills in areas such as data analytics and cybersecurity.

More: https://www.channelnewsasia.com/news/singapore/digital-academy-public-officers-digital-skills-smart-nation-14287998

[7:01 pm, 26/02/2021] +REACH: Dear Contributors,

We will be closing the chat for today.

Thank you very much for being part of our WhatsApp chat and participating actively.

Goodnight!

Megan 😄

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Wednesday, February 24, 2021

REACH 197 - PWM for Retailers (SK)

24 Feb 2021 (11am - 7pm)


REACH

[1:19 pm, 24/02/2021] +REACH: Dear contributors,

Welcome back! 😊

⏰ We will be opening the chat from 1.30pm to 7pm today. ⏰

House Rules (short version of our Terms of Use) to keep in mind: 

1. Be kind and respectful. We all want to be in a safe space to share our views. 

2. Any and all threatening, abusive, vulgar or racially, religiously and ethnically objectionable content is prohibited.

3. Consider the quiet ones among us and give them a chance to comment.

4. No need to repeat your comment or in different forms (including caps) - we heard you loud and clear the first time.

5. Let’s protect each other’s privacy and keep contact details in this group what it should always be - confidential. 

Full set of Terms of Use: https://go.gov.sg/reach-whatsapp-terms

We will strive to uphold these rules to ensure this is a safe space for all.

Please be assured that the points made by participants during the chat are aggregated and shared with relevant agencies.

The topic will be posted shortly.

Thank you

Megan 😊

[1:30 pm, 24/02/2021] +REACH: 📢 Topic 📢 

💬 How can the Progressive Wage Model for the retail sector provide better support for retail workers and businesses? 

Singapore is considering a progressive wage model for the retail sector, Senior Minister of State for Manpower Zaqy Mohamad announced on Tuesday (Feb 23).

The progressive wage model is a policy designed to raise the salaries of low-wage workers by upgrading their skills and increasing their productivity. The scheme started in 2015. If included, the retail sector would be the sixth under the progressive wage model. 

Singapore's progressive wage model is a sustainable one which has worked well, said Deputy Prime Minister Heng Swee Keat, in highlighting the importance of getting various parties to work together to roll it out to more sectors. He noted that helping workers move into new jobs is a major part of this year's Budget, especially as the global economy evolves and jobs change.

The model will be discussed in detail during the debate on the ministries' budgets, said Mr Heng. 

👉 https://www.straitstimes.com/singapore/politics/eight-day-budget-debate-starts-on-wednesday

👉 https://www.straitstimes.com/singapore/progressive-wage-model-sustainable-has-worked-well-dpm-heng

👉 https://www.channelnewsasia.com/news/business/progressive-wage-model-retail-sector-zaqy-mohamed-14261950

👉 https://www.straitstimes.com/singapore/jobs/progressive-wage-model-in-the-retail-sector-under-study

👉 https://www.straitstimes.com/singapore/consumer/workers-employers-welcome-progressive-wages-in-retail

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[1:35 pm, 24/02/2021] +WJ: off-topic: Should F&B workers be vaccinated earlier? since they likely contact with more people.

[1:38 pm, 24/02/2021] +Rama: Food for thought

[1:39 pm, 24/02/2021] +Caleb: I think the cleaner should get it first. Based on last trends


[1:51 pm, 24/02/2021] ☸️  Danny 心: 

PWM can implement for salaries of staff - if staff is also trained to manage online sales - like putting merchandise in Lazada, Shoppe e-commerce platform and manage the merchandise for online sales.

This will help to increase sales for retailers, bring in more revenue and profit for the retailers.

In so doing, productivity increase for the retail sector, and staff will justify for higher pay via PWM.


[1:57 pm, 24/02/2021] ☸️  Danny 心: 

If retailers don't have new source of revenue, by forcing PWM on the retailers, it mean increase their cost of business.

To recover the increase in salary cost, it may force the retailers to increase product prices.

Customers will look for alternatives like online sales or overseas online sales - and lead to lost of business to our retailers.

Hence our retailers must transform our business, look for alternative source for growth, so that our retailers can pay higher salary to retail staff via PWM.

Salary growth must commensurate with improve sales, revenue, and profit - ie. Productivity growth.

Else our retailers will not be competitive with alternative platform like online sales - and drive our retailers out of business.


[2:01 pm, 24/02/2021] ☸️  Danny 心: 

PWM without the corresponding increase in productivity growth is equivalent to implementing minimum wage (without consideration for market competition) - and will be detrimental to the retailer market competitivenes.


[2:15 pm, 24/02/2021] ☸️  Danny 心: 

To help retailers to move online, government can collaborate with Industry players such as:-

1. Online platform operators like Lazada, Shoppe etc.

2. Logistics, delivery supply chain players.

3. IT cloud providers etc.

4. IT trainers for retail staff and business.

To systematically package a deal with individual retailers to move their merchandise offerings online - to help in retailers business transformation.


[2:15 pm, 24/02/2021] +Berny: Cleaners already in progress

[2:16 pm, 24/02/2021] +Berny: Their salary already rising


[2:17 pm, 24/02/2021] ☸️  Danny 心: 

So that our retailers will not only target domestic market, but also open up market overseas - to grow their business, improve their sales and pay higher salary to their staff under PWM.


[2:22 pm, 24/02/2021] +Nat: I think once again you're confused 

Seems like Caleb was talking about vaccination in response to WJ, not so about the PWM

[2:24 pm, 24/02/2021] +Berny: Woops, my bad

[2:24 pm, 24/02/2021] +Berny: Brain havent start working for the week yet


[2:27 pm, 24/02/2021] ☸️  Danny 心: 

1. A successful PWM outcome will be :-

- Business market, sales, revenue, profit grow 

- Business successfully transformed.

- Staff salary increase.

- Products quality improve, product prices no increase.


2. A minimum wage outcome :- 

- product price increase, no improvement in quality

- wage of staff increase

- no corresponding increase in market, sales, profit, business

- retailers lose competitiveness.


[2:31 pm, 24/02/2021] ☸️  Danny 心: 

1. PWM model - customer like us don't have to pay higher price for retail products or services.

2. Minimum wage - means customers like us got to pay higher price for the retail products or services without corresponding increase in quality.


[2:37 pm, 24/02/2021] ☸️  Danny 心: 

Thus, 

1. PWM is an economic multiplier.

2. Minimum wage is a wage-induced inflation - an economic dampener.


[2:39 pm, 24/02/2021] +Caleb: http://bit.ly/2ZzkpRB

[2:39 pm, 24/02/2021] +Caleb: Our SafeEntry system need to be more intelligent...

[2:39 pm, 24/02/2021] +Caleb: If not becomes stupid entry, where it just  allows everyone to enter

[2:39 pm, 24/02/2021] +Ken: Agree

[2:40 pm, 24/02/2021] +Caleb: SE should block those on SHN too


[2:56 pm, 24/02/2021] ☸️  Danny 心: 

1. PWM improve the salary and standard living of staff - without penalising customer like us at large.

2. Minimum wage increase the salary and standard living of retail staff - but at the cost of the customers like us, forcing us to pay higher price for retail products or services without corresponding increase in quality.


[2:59 pm, 24/02/2021] ☸️  Danny 心: 

1. PWM with increase business activities and income - drive up economic and GDP growth.

2. Minimum wage drive up inflation and dampen purchasing activities - that reduce economic activities and GDP growth.


[2:59 pm, 24/02/2021] +Eunice Chia: Progressive Wage Model has productivity gains to power the wage increase.  So there's investments into improving processes etc, that will result in cost savings -- and these are shared with workers in terms of increased wages.


[3:01 pm, 24/02/2021] ☸️  Danny 心: 

Yes PWM also increase investment in transforming business - eg. Online e-Commerce - which is also an economic multiplier.


[3:24 pm, 24/02/2021] +KS Foong: How to trace delivery drivers from going elsewhere as most of them are not tested and all do not need to go through SHN.

[3:25 pm, 24/02/2021] +KS Foong: This is like we plant a trojan horse into our home.

[3:27 pm, 24/02/2021] +Caleb: at least train the anti-virus sofware(SE) to reject these ppl

[3:27 pm, 24/02/2021] +Caleb: SE need to have some validation

[3:53 pm, 24/02/2021] +Rama: https://mothership.sg/2021/02/incentive-covid-19-vaccine-lim-wee-kiak/


[3:56 pm, 24/02/2021] ☸️  Danny 心: 

Government should work with shopping mall operators and developers to entice all their tenant retailers to move online.

The success rate will be higher to transform retail business.

Then move to neighborhood retailers - which will be harder as many are older retail folks.


[3:57 pm, 24/02/2021] +Nat: And how do you suppose this be done?

[3:58 pm, 24/02/2021] +Caleb: validate with only those valid NRIC and passport numbers

[3:58 pm, 24/02/2021] +Caleb: I think thats why Gov moving to TOS

[4:00 pm, 24/02/2021] +REACH: 📹LIVE: The "Emerging Stronger Together" Budget debate is happening right now.

You can watch it live here: http://bit.ly/2NScGvu

[4:02 pm, 24/02/2021] +Ken: ? Today parliament arh?

[4:08 pm, 24/02/2021] +Caleb: ya

[4:09 pm, 24/02/2021] +Caleb: I this morning then know also

[4:09 pm, 24/02/2021] +Alvin: Current MP is speaking very well

[4:10 pm, 24/02/2021] +Rama: https://mothership.sg/2021/02/darryl-david-nurses/

[4:12 pm, 24/02/2021] +Ken: 👍


[4:53 pm, 24/02/2021] ☸️  Danny 心: 

Shopping mall operators and developers will have more resources, more IT expertise, good connection and financially sound to start and gather all its tenant retailers to go online while leasing their stores with the mall operators.

The chances of success will thus be higher.


[4:54 pm, 24/02/2021] +REACH: Singapore must ensure it can build back reserves, should need arise to draw on them again: DPM Heng

If the Covid-19 pandemic situation worsens, the Singapore Government may need to seek President Halimah Yacob's consideration for a further draw on past reserves to continue funding investments that would enable Singapore to emerge stronger in the midst of an unprecedented health and economic crisis.

More https://www.straitstimes.com/singapore/politics/singapore-must-ensure-it-can-build-back-should-need-arise-to-draw-on-past


[4:55 pm, 24/02/2021] ☸️  Danny 心: 

And a sizeable of our high-end retailers are in the shopping malls - which can make PWM successful.


[5:34 pm, 24/02/2021] ☸️  Danny 心:

Pfizer vaccine is cutting infections, hospitalisations and deaths, PHE studies reveal

 https://sg.news.yahoo.com/pfizer-vaccine-cutting-infections-hospitalisations-153833062.html


[5:34 pm, 24/02/2021] ☸️  Danny 心: 

'Real-world' UK data shows 70% decline in COVID infections after first Pfizer shot

https://sg.news.yahoo.com/real-world-uk-data-shows-153325987.html


[5:34 pm, 24/02/2021] ☸️  Danny 心:

UK’s Covid vaccines cut hospital admissions by around 90%, study shows

 https://sg.news.yahoo.com/uk-covid-vaccines-cut-hospital-093821601.html


[5:41 pm, 24/02/2021] +REACH: Budget debate: MPs call for review of petrol price hike, better consumer protection

MPs have called for safeguards to protect consumers against companies that may seek to profiteer by raising prices following the recent hike in petrol duties.

Some also questioned the timing of the increase, which raised the duty for 98-octane petrol by 23 per cent and that for 92-octane and 95-octane by 18 per cent.

More: https://www.straitstimes.com/singapore/politics/budget-debate-mps-call-for-review-of-petrol-price-hike-better-consumer-protection

[5:55 pm, 24/02/2021] +REACH: Budget debate: MPs urge support for businesses to leverage opportunities in growing green economy

Local businesses should get help to leverage opportunities in the growing green economy, MPs said on Wednesday (Feb 24).

Speaking during the Budget debate, they highlighted how corporates and investors are placing a greater focus on environmental, social and governance (ESG) considerations, and how firms could best position themselves along with this trend.

More: https://www.straitstimes.com/singapore/politics/budget-debate-mps-urge-support-for-businesses-to-leverage-opportunities-in


[6:32 pm, 24/02/2021] ☸️  Danny 心: 

Wonder how is the take up rate in the vaccination.

Walk past the cc vaccination center a couple of time - but no queue and not crowded.

Unlike token collection and mask collection, the queues are longer.


[6:50 pm, 24/02/2021] +REACH: Dear Contributors,

⏰ We will be closing the chat in 10 minutes ⏰

Thank you very much for being part of our WhatsApp chat and participating actively.

Goodnight!

Megan

[6:56 pm, 24/02/2021] +YT: This I agree. Too sudden and a little drastic. No consideration for those who use their vehicles for a living. Why not increase "sin" taxes? Like alcohol,  tobacco? Or maybe even introduce a "unhealthy" tax for food high in fats and sugar (fast food etc). These will lead to better health (hopefully less smoking, and less fatty sugary food and drinks) and in the long run, lead to a more healthy population, and lower Healthcare spending.

[6:57 pm, 24/02/2021] +Caleb: 👍

[6:58 pm, 24/02/2021] +YT: Or there could be a "luxury" tax on those increasing number of sports cars, Rolls-Royce, Bentleys and other high performance vehicles. Those people who buy them won't bat an eyelid over an 10% increase in price. Or is the government afraid of offending these rich people?

[7:00 pm, 24/02/2021] +REACH: Dear Contributors,

We will be closing the chat for today.

Thank you very much for being part of our WhatsApp chat and participating actively.

Goodnight!

Megan 😄


======


Friday, February 19, 2021

REACH 196 - Which part of Budget 2021 resonate with you (SK)

19 Feb 2021 (11am - 7pm)


REACH

[10:22 am, 19/02/2021] +REACH: S Pass quota cut not likely to slow S'pore's manufacturing growth: Analysts

Manufacturing firms are concerned that the coming cuts in the S Pass quota for the sector will raise wage costs and lead to labour shortages.

But analysts expect that the change will not have a damaging effect on the growth of the manufacturing sector, where productivity has generally been improving.

More: https://www.straitstimes.com/singapore/jobs/s-pass-quota-cut-not-likely-to-slow-manufacturing-growth-analysts

[11:30 am, 19/02/2021] +REACH: Dear contributors,

Welcome back! 😊

⏰ We will be opening the chat from 11.35am to 7pm today. ⏰

House Rules (short version of our Terms of Use) to keep in mind: 

1. Be kind and respectful. We all want to be in a safe space to share our views. 

2. Any and all threatening, abusive, vulgar or racially, religiously and ethnically objectionable content is prohibited.

3. Consider the quiet ones among us and give them a chance to comment.

4. No need to repeat your comment or in different forms (including caps) - we heard you loud and clear the first time.

5. Let’s protect each other’s privacy and keep contact details in this group what it should always be - confidential. 

Full set of Terms of Use: https://go.gov.sg/reach-whatsapp-terms

We will strive to uphold these rules to ensure this is a safe space for all.

Please be assured that the points made by participants during the chat are aggregated and shared with relevant agencies.

The topic will be posted shortly.

Thank you

Megan 😊

[11:35 am, 19/02/2021] +REACH: 📢 Topic 📢 

Thank you for all of your feedback so far. We’d love to hear more from you! Please continue to share your views! 🤗

💬 Which Budget 2021 measures resonate with you? 

Deputy Prime Minister and Finance Minister Heng Swee Keat delivered the Budget 2021 statement in Parliament on Tuesday (Feb 16). This year's Budget, titled Emerging Stronger Together, combines measures to help families, workers and businesses weather the COVID-19 crisis in the immediate term, with measures to accelerate structural adaptations for the long term. 

Some key highlights: 

▶️ S$900 million Household Support Package to help families with expenses 

▶️ S$5.4 billion boost to SGUnited Jobs & Skills Package to support hiring of 200,000 locals and provide up to 35,000 training opportunities this year 

▶️ Jobs Support Scheme extended for worst-hit sectors as part of S$11 billion COVID-19 Resilience Package 

▶️ Support for low-wage workers, lower-income families, children with special needs and charities 

▶️ More incentives to encourage early adoption of electric vehicles 

👉 https://www.channelnewsasia.com/news/singapore/budget-2021-heng-swee-keat-emerging-stronger-covid-19-singapore-14208888 

👉 https://www.channelnewsasia.com/news/singapore/budget-2021-singapore-jss-household-support-package-covid-19-14209224

👉 https://www.channelnewsasia.com/news/singapore/singapore-push-green-infrastructure-bonds-spur-private-sector-14228042

👉 https://www.channelnewsasia.com/news/singapore/petrol-duty-rate-road-tax-rebates-cars-taxis-motorcycles-14209200

-------


[11:41 am, 19/02/2021] +Caleb: hmm

[11:51 am, 19/02/2021] +REACH: Singapore's push for green infrastructure bonds will spur private sector into action, say experts

Deputy Prime Minister Heng Swee Keat announced in his Budget speech on Tuesday (Feb 16) that the Government will issue green bonds on select public infrastructure projects, with up to S$19 billion of public sector green projects already identified. 

A green bond is a type of financial instrument designed to have environmental or climate-related benefits. They allow companies to integrate their sustainability strategies with their capital structure, analysts told CNA. 

More: https://www.channelnewsasia.com/news/singapore/singapore-push-green-infrastructure-bonds-spur-private-sector-14228042

[11:55 am, 19/02/2021] +Ben: 🤣 Only for men apparently,  women not allowed?  "meetings through floor-to-ceiling air-tight glass panels with local businessmen and businessmen from other countries"

[0:12 pm, 19/02/2021] +Rama: Why only one gender catered for!?


[0:19 pm, 19/02/2021] ☸️  Danny 心: 

Hmm.

So not only encourage government to issue Green Bond.

But also spur private sector to issue Green Bond.

Interesting.


[0:22 pm, 19/02/2021] ☸️  Danny 心: 

And the interest rate for Green Bond will be slightly above Singapore Government security bonds eg. Singapore saving bond which offer 0.97% interest over 10 years.


[0:25 pm, 19/02/2021] ☸️  Danny 心: 

And the cost of borrowing will be lower than borrowing from the banks.

Spurring more Green Bond issue in Singapore.

More foreign capital flowing into Singapore to go Green.

And consolidating Singapore as Green financial hub.


[0:30 pm, 19/02/2021] ☸️  Danny 心: 

So overall Singapore will have :-

Money -> Capital for Green development -> Company will have green projects -> develop expertise in manpower, material, engineering know how, methods in green projects -> result in business revenue and profit from green projects -> economic growth -> increase GDP -> government more tax collection.


[1:00 pm, 19/02/2021] ☸️  Danny 心: 

https://www.straitstimes.com/world/united-states/mayo-clinic-ai-study-shows-covid-19-shots-work-well-in-real-world

AI show that vaccines efficacy are effective against the covid pandemic.


[1:18 pm, 19/02/2021] ☸️  Danny 心: 

A smart move by opening connect@changi facility - to bring overseas business travelers to the meeting.

1. Dispensing with shn - return to normacy - high value business travelers will travel.

2. Spur air freight to Singapore.

3. It is like extending our air transit to the meeting place - but no additional risk (because we are successful to curb imported infection in transit) - but yet allow business activities to resume.

4. Being the 1st mover in this initiative, it help our air hubs, business travelling, MICE activities to recover faster ahead from the world.


[1:22 pm, 19/02/2021] ☸️  Danny 心: 

Not additional risk to infect our staff and bring back to community :-

1. Our staff got PPE protection in Changi transit and got no infection.

2. Similar protection is accorded to this meeting facilities - will have similar outcome - and yet can spur business travelling, air freight and mice activity.


[1:53 pm, 19/02/2021] ☸️  Danny 心: 

https://www.straitstimes.com/world/study-in-israel-shows-pfizer-vaccine-85-per-cent-effective-after-first-dose

Study in Israel shows Pfizer vaccine 85% effective after first dose


[1:55 pm, 19/02/2021] +REACH: Tune in from 2pm - 3pm today on-air & on Money FM 89.3 Facebook for the Singapore Budget Conversations, which will be helmed by Minister Indranee Rajah. 🎤📻

The radio talk show has been organised by REACH in partnership with MOF for this year’s Budget.

[1:59 pm, 19/02/2021] +REACH: https://www.facebook.com/moneyfm893/videos/335740741103745

[3:54 pm, 19/02/2021] +Nat: Is this really the point here?


[4:07 pm, 19/02/2021] ☸️  Danny 心: 

1. Similar arrangement can be made for big MICE event like WEF (World Economic Forum) and catalyse other big forums like Shangri la security forum, etc.

2. This will spur mice activities, boost business travelling, rejuvenate our air travel.

3. The bubble air travel and safe corridor, couple with :-

- no SHN 

- but protected health environment

- vaccination

Etc.

- will start the returning to normalcy.


[4:16 pm, 19/02/2021] ☸️  Danny 心: 

That's this Meeting delegates are treated as " transit passengers" except they stay longer for meetings and conventions - but wrap in a protected bubble without infecting the community.


[4:29 pm, 19/02/2021] +Ben: Depends if this was just lip service or people want to change attitudes. If the national newspaper disregards women as business people, how will society change?

[4:30 pm, 19/02/2021] +Ben: I know people think we have bigger problems, and yes no one wants to focus on this. It doesn't take much for a newspaper to print Business People, instead of Business Men. Small things lead to big changes.

[4:31 pm, 19/02/2021] +Nat: Really? This again?


[4:32 pm, 19/02/2021] ☸️  Danny 心: 

We may have to operate in this mode for a few years until the pandemic is declared over.


[4:33 pm, 19/02/2021] +Ben: Happy to move on. If no one is bothered, fine.

[4:33 pm, 19/02/2021] +Berny: why are we nitpicking on the choice of word used?

[4:33 pm, 19/02/2021] +Ben: We can talk more about how to support each other during a pandemic.

[4:34 pm, 19/02/2021] +Ben: Hey Berny - are words not important to you?

[4:34 pm, 19/02/2021] +Caleb: Then business-human?

[4:34 pm, 19/02/2021] +Berny: Not that important to me tbh

[4:34 pm, 19/02/2021] +Caleb: To suit all types of humans

[4:34 pm, 19/02/2021] +Ben: What's wrong with business people? I don't get why people object to that.

[4:35 pm, 19/02/2021] +Berny: I dont object to that, but why are we instead, focusing on that?

[4:35 pm, 19/02/2021] +Ben: I take note because it's printed in our national newspaper, not a webforum.

[4:35 pm, 19/02/2021] +Ben: Our national newspaper of a country where we are trying to be a modern welcoming educated society. Are we not?

[4:35 pm, 19/02/2021] +Berny: News is about opening of a meeting venue, not homosapien discussion

[4:35 pm, 19/02/2021] +Ben: Do we not care what they say or how they represent us?

[4:36 pm, 19/02/2021] +Nat: This is nitpicking. I have been to tons of webinars focused on gender equality

This is not how you fix problems. If you want to fix problems, fix problems in your own community, workplace, etc 

Identify instances where there are gender discrimination and if you want to be a male ally (that's the term), go for it 

Otherwise, what you do here is a lip service too, tbh

[4:36 pm, 19/02/2021] +Berny: Write in to sph or the reporter then

[4:36 pm, 19/02/2021] +Ben: That's true, everything we do here on this forum is lip service.

[4:36 pm, 19/02/2021] +Ben: It's just words, right?

[4:37 pm, 19/02/2021] +Ben: We don't fix problems. We debate and discuss.

[4:38 pm, 19/02/2021] +Ben: Sure, can't argue with that. Same goes for anything we talk about here. Write to your MP.

[4:38 pm, 19/02/2021] +Berny: Thats why u rarely see me in action lately

[4:38 pm, 19/02/2021] +Ben: I'll get back to the REACH topic :)

[4:38 pm, 19/02/2021] +Nat: Look. Words are just words. Unless there is a cloud of ambiguity like whatever happened a few sessions ago when the sentence was difficult to understand, there isn't a big issue there. 

Organisations worldwide vowed to scrap the term "master", "slave", "blacklist" and "whitelist" after BLM, but how many continued on? Yes it may have racist roots in a way or so, but it's already deeply embedded into technology terms today.

[4:39 pm, 19/02/2021] +Nat: Or do you expect every female colleague to rage at you when you casually say "you guys"?

[4:39 pm, 19/02/2021] +Lim Suang: House Rules (short version of our Terms of Use) to keep in mind: 

1. Be kind and respectful. We all want to be in a safe space to share our views. 

As much as i disagree with Ben on this subject, i feel that we should be respectful towards each other.

[4:41 pm, 19/02/2021] +Boon: 👍

[4:41 pm, 19/02/2021] +REACH: [Sent by Gov.sg – 19 Feb]

As of 12pm, MOH has preliminarily confirmed no new cases of locally transmitted COVID-19 infection. 

There are 14 imported cases, who had already been placed on Stay-Home Notice or isolated upon arrival in Singapore. 

MOH will share further updates in its press release that will be issued later tonight.

go.gov.sg/moh190221update

[4:44 pm, 19/02/2021] +Nat: On the topic of MICE, what is the current requirements for attending a large-scale event? Cuz I thought if vaccination is required but we know some are not able to be vaccinated due to medical allergy or whatever outlying conditions (rather than if they don't want to get vaccinated), a number of people would be left out

[4:48 pm, 19/02/2021] +Nat: Likewise with other possible plans in the future to allow for only those who are vaccinated to go to this place, be able to do this and that, etc 

It will become an obstacle even as people are starting to talk about vaccine passports elsewhere in the world


[5:38 pm, 19/02/2021] ☸️  Danny 心: https://www.channelnewsasia.com/news/world/covid-19-vaccine-pfizer-biontech-start-testing-pregnant-women-14230620

Pfizer, BioNTech start testing COVID-19 vaccine in pregnant women


[5:56 pm, 19/02/2021] ☸️  Danny 心: 

I believe they're 2 phases in vaccination :-

1. Vaccines for emergency use - voluntary vaccination

2. Vaccines for public use - mandatory vaccination


[6:45 pm, 19/02/2021] +REACH: Dear Contributors,

⏰ We will be closing the chat in 15 minutes ⏰

Thank you very much for being part of our WhatsApp chat and participating actively.

Goodnight!

Megan

[6:53 pm, 19/02/2021] +Alvin: Gdnite Megan


[6:53 pm, 19/02/2021] ☸️  Danny 心: https://www.channelnewsasia.com/news/singapore/covid-19-vaccine-for-seniors-aged-70-year-old-moh-14236660

Seniors aged 70 and above to get COVID-19 vaccination letters over next 3 weeks: MOH


[7:00 pm, 19/02/2021] +REACH: Dear Contributors,

We will be closing the chat for today.

Thank you very much for being part of our WhatsApp chat and participating actively.

Have a great weekend, goodnight!

Megan 😄


========

Thursday, February 18, 2021

REACH 195 - Which part of Budget 2021 resonate with you (SK)

18 Feb 2021 (11am - 7pm)


REACH

[10:51 am, 18/02/2021] +REACH: Dear contributors,

Welcome back! 😊

⏰ We will be opening the chat from 11am to 7pm today. ⏰

House Rules (short version of our Terms of Use) to keep in mind: 

1. Be kind and respectful. We all want to be in a safe space to share our views. 

2. Any and all threatening, abusive, vulgar or racially, religiously and ethnically objectionable content is prohibited.

3. Consider the quiet ones among us and give them a chance to comment.

4. No need to repeat your comment or in different forms (including caps) - we heard you loud and clear the first time.

5. Let’s protect each other’s privacy and keep contact details in this group what it should always be - confidential. 

Full set of Terms of Use: https://go.gov.sg/reach-whatsapp-terms

We will strive to uphold these rules to ensure this is a safe space for all.

Please be assured that the points made by participants during the chat are aggregated and shared with relevant agencies.

The topic will be posted shortly.

Thank you

Megan 😊

[10:58 am, 18/02/2021] +REACH: 📢 Topic 📢 

We’d love to hear more from you! Please continue to share your views! 🤗

💬 Which Budget 2021 measures resonate with you? 

Deputy Prime Minister and Finance Minister Heng Swee Keat delivered the Budget 2021 statement in Parliament on Tuesday (Feb 16). This year's Budget, titled Emerging Stronger Together, combines measures to help families, workers and businesses weather the COVID-19 crisis in the immediate term, with measures to accelerate structural adaptations for the long term. 

Some key highlights: 

▶️ S$900 million Household Support Package to help families with expenses 

▶️ S$5.4 billion boost to SGUnited Jobs & Skills Package to support hiring of 200,000 locals and provide up to 35,000 training opportunities this year 

▶️ Jobs Support Scheme extended for worst-hit sectors as part of S$11 billion COVID-19 Resilience Package 

▶️ Support for low-wage workers, lower-income families, children with special needs and charities 

▶️ More incentives to encourage early adoption of electric vehicles 

👉 https://www.channelnewsasia.com/news/singapore/budget-2021-heng-swee-keat-emerging-stronger-covid-19-singapore-14208888 

👉 https://www.channelnewsasia.com/news/singapore/budget-2021-singapore-jss-household-support-package-covid-19-14209224

--------


[11:03 am, 18/02/2021] +Wilson Leong: Government need to do more to encourage more people to switch to EV cars. I also hope to change to 1. If you are those always on the road, need to travel heavily on the road and can not constantly charging the car. It is a pain for us sale engineer.

[11:06 am, 18/02/2021] +Nat: For this, I'm sure one can work on optimising the time for charging based on one's schedule but that means need to understand the car's performance as well as the profile of the roads you will travel on (which might be tough to determine if you run everywhere) 

A full-charge will certainly let you drive around SG for quite sometime before you have to charge again so it's not too big of a problem I believe, the only problem is as mentioned, the scheduling of charging

[11:08 am, 18/02/2021] +REACH: Hi everyone, you’re warmly invited to join our Budget 2021 social media contest - stand a chance to win $20 GrabFood vouchers! Do share the link with your friends and jio them for free coffee/tea at our upcoming listening points!

👉Go.gov.sg/reach-budget-contest

[11:08 am, 18/02/2021] +Alvin: Sg infra is already prime for charging stations to setup across the island and we have very little places that are remote or isolate so I won’t worry too much about that

[11:18 am, 18/02/2021] +Alvin: Wah so good. I did survey on PA Connect for free 🥲

[11:19 am, 18/02/2021] +Alvin: I still think the Green Initiatives are the best so far with plans to issue bonds where we can finance our own ecological development. Also the focus on agri industry is the right move.

[11:31 am, 18/02/2021] +Ben: Yes very innovative to issue bonds. Presumably they are to be invested into SG tech and companies? I haven't read the details yet....

[11:34 am, 18/02/2021] +Alvin: Capital raise will be used on Green projects and Infra development from what I can remember


[2:09 pm, 18/02/2021] ☸️  Danny 心: 

1. Issuing bonds make sense for our Government to finance our Green infrastructure - because :-

a. We do not need to dig deeper into our reserves (which are bringing us very good income) - to finance our Green infrastructure.

b. We can borrow at near zero interest by issuing Green Bond - as interest worldwide is near zero interest. Thus our cost of borrowing will be very low.

c. The Green Bond issue by our Government can be very long-term - like 10-year note, 20-year note, 25-year note.

d. Upon maturity, Government can repay the bond note through tax (accumulated throughout the years) or income earn from our investment by our Sovereign Funds.

e. As the Green Bond is guaranteed by our Government, the Green Bond is safe for investors.


2. But one thing don't make sense for investors.

a. Investors want to reap income, interest or dividend in their investment. Wonder which investors want to invest in our Green Bond - if the Bond interest are near zero.

b. Who are our investors?

- Not likely to be our domestic investors - as we don't have so much capital for Green Bond and also domestic investors will like a financial apparatus that bring us higher return.

- So investors for our Green Bond is likely to be from foreign investors :-

i. Who are cash-endowed, flooded with cash.

ii. Who are extremely Green-conscious, Green-savvy - with strong sense of social cause in "Green" to save the Earth.

iii. Who don't mind investing in the Green Bond that reap low interest but extremely safe investment - as it is guarantee by our Government with strong financial backing.


The question now is, are these Green Bond foreign investors out there - waving to us?


[2:24 pm, 18/02/2021] ☸️  Danny 心: 

On the hindsight, to attract $19 billion from foreign investors for our Green Bond is not a big sum.

- Big MNC some are trillion dollars companies, some are few hunderd billions dollars companies.

- Some billionaires worth are few hundred dollars billions.

- Even with 0.1% interest will bring them 1 million dollars interest upon maturity - and yet do a good cause for the World by protecting the climate.

- As our Green Bond is a very safe instrument, it helps these investors to diversify their investment and yet do a good social cause.

- 19 ultra-rich investors place $1 billion each - we will get the $19 billion fund.

- So possible that we may be able to atrract a $19 billion investment in our Green Bond - and at the same time - boost Singaproe as the financial hub with alternative financial apparatus - the "Green Bond".


[2:28 pm, 18/02/2021] ☸️  Danny 心: https://www.channelnewsasia.com/news/world/uk-first-country-to-expose-volunteers-covid-19-medical-trial-14218334                                                                                                                        UK fielding vaccinated volunteers - to real covid19 - to test the efficacy of the various vaccines.


[2:33 pm, 18/02/2021] +Thomas: For the fund manager, this is a conservative bond. Normally the Fund manager will spread their fund across aggressive, moderate and conservative to achieve an overall returns. In turbulent time, fund manager will park their money in conservative bonds to get at least some returns.


[2:35 pm, 18/02/2021] ☸️  Danny 心: 

Hope our issuance of Green Bond is successful for 3 reasons:-

1. Able to attract funds in our long term development.

2. Borrow at low cost.

3. Boost our financial hub.


[2:37 pm, 18/02/2021] ☸️  Danny 心: 

Singapore is a safe place for the foreign funds.


[2:43 pm, 18/02/2021] +Alvin: I can answer your questions. Our investors will be mix from financial institutions, investment firms and domestic market. It will be very attractive as the green infra will pay for themselves once fully operational so the coupon rate should be more than what a FD will give. Don’t forget it’s a bond so capital is guaranteed (need check and see on this). Stable long term consistent payouts.

[2:43 pm, 18/02/2021] +Alvin: My 2.14 cents


[2:47 pm, 18/02/2021] ☸️  Danny 心: 

Just hope our Green Bond succeed in raising the required capital.

Some green infrastructure can reap operational income like green energy.

But flood barrier don't bring operational income. Unless we are creative to build mall, tourism attractions that bring revenue.

So tax raise to fund the green bonds may be necessary.

Eg. We need to set aside $100 Billion for our green infrastructure.


[2:53 pm, 18/02/2021] +Alvin: I trust our urban planners and engineers to come up with ideas if it’s required to bring in some revenue. Most Infra projects bring indirect revenue for us in the areas of better efficiency and more investors coming in to use the infra here.


[2:55 pm, 18/02/2021] ☸️  Danny 心: 

Yes. This is the purpose of my posts.

To stimulate innovation and creativity in green projects - not only for altruistic social cause.

But also must bring in revenue for self funding, boost economic growth, create jobs and create wealth.


[3:05 pm, 18/02/2021] ☸️  Danny 心: 

1. If we gain sufficient expertise in preventing flood, and building green infrastructure.

2. We can build a pool of enterprise expertise in providing consultancy, building materials, methods, engineering know how - to bid for overseas green projects.

3. Companies like Sembcorp, Keppel our local big enterprises can win big green projects overseas to cushion our loss in oil rig etc.

4. This will help us to build new cap in transforming traditional companies to green companies.


[3:13 pm, 18/02/2021] +Alvin: Yes eg flood barriers means more costal and seaside sports and activities without much fear or flooding etc. There could be other ways to make it self sustainable eg it has turbines that generate electricity as the waves crash into it but lets leave all these to experts


[3:15 pm, 18/02/2021] ☸️  Danny 心: 

And grooming our own experts and green enterprise like grooming our new water and desalination expertise and enterprises.


[3:31 pm, 18/02/2021] ☸️  Danny 心: 

1. Many of our GLCs are at a cornerstone.

- ST Land - has transformed to go into autonomous driverless vehicles, electric vehicles, making car battery.

- Sembcorp and Keppel oil rigs are impacted and need to transform into green energy.

- Temasek Holdings are now emphasizing Green as our next phase of investment.

So Green - will be our next phase of revolution in Industrialization 4.0.


[5:17 pm, 18/02/2021] +REACH: Singapore residents aged at least 70 can register for Covid-19 vaccination before roll-out for seniors starts on Feb 22

Seniors aged 70 and above who are anxious to get the Covid-19 vaccine early, but have not received their letter of invitation, can book an appointment by indicating their interest on the website vaccine.gov.sg.

The site says: "Appointment slots are being progressively rolled out to seniors 70 years old and above. Please register your interest and we will notify you through SMS when you can make appointments online."

More: https://www.straitstimes.com/singapore/health/those-aged-70-and-above-can-register-for-covid-19-vaccination-before-rollout-for

[4:29 pm, 18/02/2021] +REACH: [Sent by Gov.sg – 18 Feb]

As of 12pm, MOH has preliminarily confirmed no new cases of locally transmitted COVID-19 infection. 

There are 11 imported cases, who had already been placed on Stay-Home Notice upon arrival in Singapore. 

MOH will share further updates in its press release that will be issued later tonight.

go.gov.sg/moh180221update

[5:52 pm, 18/02/2021] +REACH: Connect@Changi facility opens to allow business travellers to meet in S'pore without quarantine

Short-term business travellers from all countries will now be able to stay and have in-person meetings at a dedicated facility at the Singapore Expo without the need for prior quarantine.

The first phase of Connect @ Changi was launched on Thursday (Feb 18) with 150 guest rooms, in a move to resume international business meetings in Singapore amid the Covid-19 pandemic.

More: https://www.straitstimes.com/singapore/transport/dedicated-connectchangi-facility-for-hosting-business-meetings-in-spore-without

[6:30 pm, 18/02/2021] +Ben: Wow, thats pretty smart! Presume that testing is required? Are the service and catering staff who look after the facilities properly protected too?

[6:46 pm, 18/02/2021] +REACH: Dear Contributors!

⏰ We will be closing the chat in 15 minutes ⏰

Megan

[6:47 pm, 18/02/2021] +Alvin: Gdnite Megan

[6:58 pm, 18/02/2021] +Elena Woo: There are already so many imported cases discovered via SHN. What is being done to ensure that it will not spread out to community?

[6:58 pm, 18/02/2021] +Elena Woo: And what if the travellers sneak out during their stay at Connect@Changi?

[6:59 pm, 18/02/2021] +Caleb: I guess those worked there will all be vaccinated?

[6:59 pm, 18/02/2021] +Elena Woo: And how to ensure if they are not positive for Covid?

[6:59 pm, 18/02/2021] +Caleb: And 24/7 security?

[6:59 pm, 18/02/2021] +Caleb: Think they are tested like every 3 days

[6:59 pm, 18/02/2021] +Elena Woo: Vaccination is not 100% fool proof won't get the virus.

[6:59 pm, 18/02/2021] +Elena Woo: But they will still go home back to their families.

[7:00 pm, 18/02/2021] +Elena Woo: And once go back home, community spread risk is there.

[7:00 pm, 18/02/2021] +Caleb: For the delegates

[7:00 pm, 18/02/2021] +REACH: Dear Contributors,

We will be closing the chat for today.

Thank you very much for being part of our WhatsApp chat and participating actively.

Goodnight!

Megan

[7:00 pm, 18/02/2021] +Caleb: Hope workers will got to be tested at least every 2 weeks

[7:00 pm, 18/02/2021] +Elena Woo: Too long interval


=======


Wednesday, February 17, 2021

REACH 194 - Which part of Budget 2021 resonate with you (SK)

17 Feb 2021 (11am - 7pm)


REACH

[10:51 am, 17/02/2021] +REACH: Dear contributors,

Welcome back! 😊

⏰ We will be opening the chat from 11am to 9pm today. ⏰

House Rules (short version of our Terms of Use) to keep in mind: 

1. Be kind and respectful. We all want to be in a safe space to share our views. 

2. Any and all threatening, abusive, vulgar or racially, religiously and ethnically objectionable content is prohibited.

3. Consider the quiet ones among us and give them a chance to comment.

4. No need to repeat your comment or in different forms (including caps) - we heard you loud and clear the first time.

5. Let’s protect each other’s privacy and keep contact details in this group what it should always be - confidential. 

Full set of Terms of Use: https://go.gov.sg/reach-whatsapp-terms

We will strive to uphold these rules to ensure this is a safe space for all.

Please be assured that the points made by participants during the chat are aggregated and shared with relevant agencies.

The topic will be posted shortly.

Thank you

Megan 😊

[11:00 am, 17/02/2021] +REACH: 📢 Topic 📢 

💬 Which Budget 2021 measures resonate with you? 

Deputy Prime Minister and Finance Minister Heng Swee Keat delivered the Budget 2021 statement in Parliament on Tuesday (Feb 16). This year's Budget, titled Emerging Stronger Together, combines measures to help families, workers and businesses weather the COVID-19 crisis in the immediate term, with measures to accelerate structural adaptations for the long term. 

Some key highlights are: 

▶️ S$900 million Household Support Package to help families with expenses 

▶️ S$5.4 billion boost to SGUnited Jobs & Skills Package to support hiring of 200,000 locals and provide up to 35,000 training opportunities this year 

▶️ Jobs Support Scheme extended for worst-hit sectors as part of S$11 billion COVID-19 Resilience Package 

▶️ Support for low-wage workers, lower-income families, children with special needs and charities 

▶️ More incentives to encourage early adoption of electric vehicles 

👉 https://www.channelnewsasia.com/news/singapore/budget-2021-heng-swee-keat-emerging-stronger-covid-19-singapore-14208888 

👉 https://www.channelnewsasia.com/news/singapore/budget-2021-singapore-jss-household-support-package-covid-19-14209224

[11:05 am, 17/02/2021] +Ben: All 5 listed are good measures, in the order you have listed.


[0:17 pm, 17/02/2021] ☸️  Danny 心: 

In the order of preference:-

1. Create jobs, keep jobs, provide training to help to secure jobs. (Government provide fishing rod so that people can fish on our own - is the best).

2. Support worst hit sectors so that when pandemic is over - the business and workers can stand on their feet.

3. Support for low income families and provide some financial assistance to household to help tying over the pandemic come next.

4. As for electric vehicles - not enough charging points. Also not sure whether electric vehicles are reliable - still a question mark.


[0:21 pm, 17/02/2021] ☸️  Danny 心: 

1. One happy thing to note, our Sovereign funds again has shine - as they earn a higher NIRC passive income in 2021 compare to last year.

2. 2021 - $19.56 billion.

2020 - $18.14 billion.

3. A 7.8% increase - very good performance.


[0:22 pm, 17/02/2021] +Caleb: 👍


[0:22 pm, 17/02/2021] ☸️  Danny 心: 

https://www.straitstimes.com/asia/se-asia/indonesia-makes-covid-19-vaccines-compulsory-allows-for-private-vaccination                                                                                                                     Indonesia is the 1st Country that make covid-vaccination compulsory.


[0:25 pm, 17/02/2021] ☸️  Danny 心: 

1. And notice something, Indonesia decides to make covid vaccination compulsory - I think the 1st Country to do so.

2. Should observe how they are doing vis-a-vis how Israel, UK, US are doing who adopt voluntary stunt (but are progressing well in their vaccination efforts).


[0:32 pm, 17/02/2021] ☸️  Danny 心: 

I can't see any charging points in HDB estate, private housing and condo.

Imagine buy an electric car, how to charge?

Or drive to somewhere, run out of battery, where to charge?

Got to call tow truck.


[0:45 pm, 17/02/2021] +Alvin: It’s good for all the budget measures but $11b for the JSS and Resilience Package a wee bit too much.

[0:45 pm, 17/02/2021] +Alvin: My 2.14 cents

[0:47 pm, 17/02/2021] +Berny: Hdb: I've seen some at jurong east area,

Condo: the place I work at already has them installed.

To install the charging station, it is not as easy as it seems, the upfront cost is high and not many is willing to spend that amount for the 1-2 individual, especially in mcst setting (private property)


[0:52 pm, 17/02/2021] ☸️  Danny 心: 

That's is why buying electric cars now is a risk.

Not enough charging points.

Reliability a question mark.


[0:53 pm, 17/02/2021] +Berny: Unless someone up there drop some heavy incentives

[0:56 pm, 17/02/2021] +YT: So, I am wondering whether electric cars are any cleaner than combustion engine ones.  What generates the electricity to run these cars?  In my opinion, it's shifting the emissions from cars to the power plants.  Unless and until there are ways to generate clean energy (solar, or other means), electric vehicles will only be a cosmetic solution to the climate problem, at least in the context of Singapore.  Incidentally, there were no clean energy mentions in the budget.

[0:57 pm, 17/02/2021] +Caleb: Buying clean energy from Malaysia or Australia right?

[0:58 pm, 17/02/2021] +Ken: Clean energy is not cheap 😅

[0:59 pm, 17/02/2021] +Caleb: I thought we very clean liao

[0:59 pm, 17/02/2021] +Caleb: With natural gas

[0:59 pm, 17/02/2021] +Ken: Lol a way to drive economy and prepare and understand then economy of EV overseas to see if we can have a role in it

[0:59 pm, 17/02/2021] +Caleb: And incineration

[0:59 pm, 17/02/2021] +Leonard Lau: Precisely .. that’s why the culprits are the petrol cars generating co2

[1:00 pm, 17/02/2021] +Ken: Incineration is more for waste treatment to reduce land fill only... by product is electricity

[1:00 pm, 17/02/2021] +Leonard Lau: Ev is a new industry where We can participate and grow with it

[1:00 pm, 17/02/2021] +Nat: I'll be standing by if anyone bothers about my opinion

[1:01 pm, 17/02/2021] +Ken: Will be the next big thing I guess.. hence we keep trying to woo big EV companies to setup here

[1:01 pm, 17/02/2021] +Ken: So we can have supply chain capacity

[1:01 pm, 17/02/2021] +Ken: ?

[1:02 pm, 17/02/2021] +Leonard Lau: Ifs the sophisticated components and technology that we want to be in


[1:02 pm, 17/02/2021] ☸️  Danny 心: 

Electric car price still very high, some higher than petrol car.


[1:02 pm, 17/02/2021] +Caleb: I guess the key here is to reduce total vehicle population?

[1:02 pm, 17/02/2021] +Leonard Lau: It will just go cheaper when the cost of battery falls

[1:02 pm, 17/02/2021] +Ken: Not easy to move like pharma

[1:03 pm, 17/02/2021] +Ken: Hence we looking into bring them in

[1:03 pm, 17/02/2021] +Ken: Also can provide for the rest of the Ev that will eventually pop out

[1:03 pm, 17/02/2021] +Leonard Lau: Yes . Agree . Thus we got to initiate and hope to gain some first mover advantage

[1:03 pm, 17/02/2021] +Ken: automotive standard is similar to pharma super hard to replace once confirm

[1:04 pm, 17/02/2021] +Ken: Cause if the paper work involved

[1:04 pm, 17/02/2021] +Leonard Lau: Yes .. manufacturing as well as communication protocols .. it is the compliance part that we got our SG brand to uphold the standards

[1:06 pm, 17/02/2021] +Nat: Supply vs Demand, as always

[1:12 pm, 17/02/2021] +Nat: Electric cars are cleaner than ICEVs only on the street 

What you said about shifting emissions is totally true, and some people will brand this as "big oil agenda" when it's not. It's simply us seeing the truth for what it is. 

And what is the truth? E-mobility is just another excuse for people to get rich under the guise of "going green" 🤢🤮. Raw battery materials as we know it come from mines, meaning they're non-renewable (school term, anyone?) 

Yes, some companies vow to avoid cobalt since it's also infamous as a conflict raw material (Congo, anyone?) but ultimately no matter if it's Lithium, Manganese or whatever, these are all limited. Plus, mining them are even more polluting. And when you manufacture batteries out of them, pollution adds on. 

The transition is simply happening too quickly which is why we need to reduce the number of EVs through the advocacy of shared mobility (despite the pandemic).

[1:13 pm, 17/02/2021] +Nat: I remember there was this news clip from ABC Australia that "Singapore has not made any moves" or something like that even though yes, this was a high profile piece of news many months back

[1:13 pm, 17/02/2021] +Alvin: 👏🏻👍🏻

[1:13 pm, 17/02/2021] +Alvin: Very well articulated bro

[1:14 pm, 17/02/2021] +CQ: 👍🏻

[1:15 pm, 17/02/2021] +Nat: And that is true. But people never stop at "very clean liao". 

As much as we know that natural gas burns cleaner than coal, people simply don't choose to stop at that and want even cleaner alternatives. So people talk about photovoltaic, wind, tidal, nuclear even. 

As per my last rant, it's up to the NCCS to find the most viable solution out of all the evils out there. No energy source is truly clean. 

Solar: Clean first, toxic later 

Wind: Well land is an obvious issue 

Tidal: Not strong enough 

Nuclear: Is a no-brainer

[1:16 pm, 17/02/2021] +Nat: We have a role to play especially with Hyundai/KIA (they're actually part of the same group for those who don't know) investing here to build a smart factory to manufacture EVs 

Too bad we have to play ketchup on the world stage, or we will lose out in many ways, while it may not be the best for our country, or the world at large

[1:17 pm, 17/02/2021] +Nat: And it's a good by-product 

Waste-to-Energy is one of the good innovations out there

[1:18 pm, 17/02/2021] +Nat: The government will no doubt work on introducing more incentives to encourage the purchase of EVs (something already seen elsewhere in the world). 

Reaching cost parity with ICEVs isn't too far-fetched as compared to a few years ago now

[1:20 pm, 17/02/2021] +Leonard Lau: The End game for SG  is to compete with a advantageous Carbon footprint . Currently  SG is at a huge disadvantage.

[1:35 pm, 17/02/2021] +Nat: Oh yes to add on, 

ICEVs are obviously unclean 

And to some out there, EVs are not clean, they're merely "cleaner" because of the particulates from braking 

See, even when the traditional emissions isn't there from the tailpipe anymore, people still talk about other forms of emissions that were unheard of before EVs were a thing 

And this is just talking about the tailpipe, without accounting for the shift as YT and I mentioned just now and before respectively

[1:37 pm, 17/02/2021] +Ben: Well, you're right. We need to use solar, tidal and wind to generate electricity with less enviornemntal damage. That us happening. With EV there is also no smoke blowing in the faces of children as they walk to school.

[1:38 pm, 17/02/2021] +Ben: Yes, we can be a world leader in this tech.

[1:39 pm, 17/02/2021] +Ken: Don’t think so... we are a bit slow in that field don’t even have car manufacturers here 😅

[1:40 pm, 17/02/2021] +Ben: Thumbs up to Shared Mobility!

[1:40 pm, 17/02/2021] +Nat: I have also mentioned something about maintaining diesel vehicles before. Back then when Euro 5 (or EEV) was the latest standards, you can already see black smoke coming out from some of the buses 

The importance is maintaining your vehicles so even though they are diesel, they will still be "as clean as can be"

I won't be surprised if I see any Euro 6 buses emitting smoke cuz SBS Transit's maintenance is simply a joke

[1:43 pm, 17/02/2021] +Ben: No? https://www.todayonline.com/singapore/construction-hyundais-electric-car-manufacturing-plant-singapore-begins

[1:43 pm, 17/02/2021] +Ken: Lol so did dyson, only up and running then consider bah

[1:43 pm, 17/02/2021] +Nat: Also apart from full electric, we should also look into hydrogen fuel cells (that disappeared into oblivion many years ago when we had those YOG buses from Higer) and there's biogas to look at as well 

Of course if we want to look at the TCO, we have to account for the total expense (as well as the pollution at the expense of the environment) when we import whatever we have to import 

The nearest biofuel source we have is Malaysia as per a World Biogas Association report I read recently

[1:43 pm, 17/02/2021] +Ken: Many suppliers lose tons of money on dyson first round

[1:44 pm, 17/02/2021] +Nat: I doubt Hyundai/KIA will do a runner like Dyson dyd cuz they do have all the intention to look for talent and had this acceleration programme I mentioned before

[1:46 pm, 17/02/2021] +Ben: Fair point

[1:46 pm, 17/02/2021] +Nat: Furthermore, it's not just on the mobility front since the plant itself is touted as a "smart factory"

[1:46 pm, 17/02/2021] +Ben: Not sure these are well suited to SG roads?

[1:46 pm, 17/02/2021] +Leonard Lau: Yes we are playing catch-up .. SG is light years behind when come to EV.

[1:46 pm, 17/02/2021] +Ben: The TESLA now on sale in Singapore..

[1:46 pm, 17/02/2021] +Nat: You're concerned about the top speed and acceleration right? LTA confirm will limit one, they also not so stupid one lol

[1:47 pm, 17/02/2021] +Ken: Yup DBS have loan for Tesla also

[1:47 pm, 17/02/2021] +Ben: Yes, drivers here are not very proficient. Hope the Tesla can self park....

[1:47 pm, 17/02/2021] +Nat: Esp with the recent Tanjong Pagar incident, highlights the concern about speed all the more

[1:48 pm, 17/02/2021] +Ben: Education too, such a sad story.

[1:49 pm, 17/02/2021] +Ken: They are all youngster that are doing quite well in life 😔

[1:50 pm, 17/02/2021] +Nat: This can ultimately be better monitored with the advent of Intelligent Transport Systems (ITS). Perhaps someday a system can monitor overspeeding, over-revving, etc 

I believe ITS can help us a lot in the near future

[1:54 pm, 17/02/2021] +Valli: 👍

[1:54 pm, 17/02/2021] +Ben: Satellite tracking, which I understand us coming, will spot this

[1:55 pm, 17/02/2021] +Nat: Satellite tracking of every vehicle might be a little too intensive, but perhaps matching a vehicle's top and average speed to the max and average speed band of a specific stretch of road of concern to LTA/TP could help in safety

[1:58 pm, 17/02/2021] +Nat: Leveraging on the ERP 2.0 interface, that itself can be a V2X (Vehicle to Everything) kind of technology 

No more SAF 9th Core Value (for those who get it) once ITS solutions such as this are implemented

[1:59 pm, 17/02/2021] +Valli: All cars in Spore should come fixed with a speed limit where they cannot go above this limit. 

Just sad that 5 young lives just gone with the wind. And leaving their parents & families really heartbroken.

[2:01 pm, 17/02/2021] +Nat: Rather than fixed limit, there's this geofencing technology in the ITS world which could be used so it can further improve safety and we could couple this with that rough idea of mine of detecting what stretch of road a vehicle is on and then applying the limits accordingly 

So let's say instead of a uniform max of 90 or 100 km/h for all roads, every road (and stretch) has its different speed limits

[2:01 pm, 17/02/2021] +Rama: Commercial vehicles has a beeping device that is activated when going above the set limit but nothing more.

[2:03 pm, 17/02/2021] +Valli: Every night at Clementi Ave 6 , can hear cars revving and zooming pass at high speed . 

I hope the authorities can look into this.

[2:03 pm, 17/02/2021] +YT: Five lives lost because of their own doing. If they were pedestrians walking and minding their own business but got mauled down by speeding driver, then it is an accident. In this case, it was self inflicted. Never mind how successful they were, how charitable and caring they were. This was preventable and avoidable.

[2:03 pm, 17/02/2021] +Ken: Lol CTE every night also have lor

[2:06 pm, 17/02/2021] +Nat: Here's a slide from some ITS4Climate webinar I attended - while the focus of this webinar was climate, we can also see some safety aspects included in this

[2:08 pm, 17/02/2021] +richard Wong: When driving EV to malaysia, where to charge when battery running Low ?

[2:09 pm, 17/02/2021] +Nat: Another point everyone should also worry about is even when they have the charging facilities, will they match the standards of whatever the cars have? I know some organisations like CharIN are trying to standardise the same standard across the ASEAN region but I haven't heard much from them afterwards


[2:12 pm, 17/02/2021] ☸️  Danny 心: 

https://www.straitstimes.com/singapore/tanjong-pagar-crash-video-shows-girlfriend-of-driver-running-straight-into-burning-car                                                                                                                      

Very graphic video of how the car lose control, spun around, bang into a shophouse, burst into flame and how the girlfriend run straight into the fire.


[2:16 pm, 17/02/2021] +Thomas: Another point is the time to charge a car can be an hour to a few for full charge. Unless you can attain 10 or 15 minutes charge time, then is feasible for a charge at petrol kiosk

[2:18 pm, 17/02/2021] +Thomas: Our electricity grid may not be able to support sudden up swing of electrical load if high ev cars on the road

[2:25 pm, 17/02/2021] +Berny: can support, but need LEW to do some works

[2:26 pm, 17/02/2021] +Berny: it's about 5.5k per lot, excluding the LEW fee, change of lot size fee, application to relevant authorities etc

[2:27 pm, 17/02/2021] +Nat: I think his point is about the time 

Ultimately if everyone drives an EV to charge at one same place, that place will become congested, and that's already a known problem in the e-mobility community long ago so some came up with solutions to divert EVs to other charging points and to work on software to optimise charging time based on traffic waiting for a charging lot

[2:27 pm, 17/02/2021] +Ben: Yea, maybe just track the driver's phone, we can do that for 5 million people, can maybe do it for 200,000 cars....

[2:28 pm, 17/02/2021] +Nat: Why track the driver's phone? It will cause another privacy uproar.

[2:29 pm, 17/02/2021] +Berny: next stop: government ask us go ev so they can track us

[2:29 pm, 17/02/2021] +Berny: confirm happen

[2:30 pm, 17/02/2021] +Nat: Not necessarily. It's not going electric that allows them to track us, it's the implementation and introduction of the ERP 2.0 system which is the telematic system that will track you.

[2:30 pm, 17/02/2021] +Poh S. Lim: According to ST News report, the driver had already driven down that stretch of road thrice earlier but at a lower speed, and the accident occurred on the fourth time at the higher speed. That fact plus the fact that the driver’s fiancée was nearby indicates intent to speed, with reckless driving. It is like tempting fate. That four others were in the same car is tragic as five lives were lost immediately. The driver had obviously lost control sine the car was spinning 180 deg. It is sad and tragic has all were young men who had so much potential and so much to live and look forward to.

[2:30 pm, 17/02/2021] +Ben: Lol I was joking when you said it would be hard to track the car.

[2:30 pm, 17/02/2021] +Nat: I didn't say it was hard, I said it would be intensive 

Two different meanings altogether

[2:31 pm, 17/02/2021] +Ben: Ok, when you said it would be intensive to track the car :)

[2:31 pm, 17/02/2021] +Leonard Lau: Watch the video closely  .. the driver was avoiding a vehicle before it went out of control .  There could be a change of road condition that he didn’t anticipate

[2:32 pm, 17/02/2021] +Nat: Basically if you come up with a joke without thinking it through, expect logical rebuttal so yeah 🤷‍♂️

[2:36 pm, 17/02/2021] +Ben: Ok, I can play too. You said it would be intensive to track all the cars in Singapore. I joked that we already track 5 million mobile phones, so maybe just track the driver's phone instead of the car. It's not a very funny joke, so I get why you questioned it. 😆

[2:37 pm, 17/02/2021] +Nat: I don't get your point of raising this anyway, seems like you're just trying to pick a fight when I have no hostile intentions and am merely stating my opinions based on what I know about the ITS industry sector

[2:37 pm, 17/02/2021] +REACH: First shipment of Moderna's Covid-19 vaccine arrives in Singapore

The first shipment of Moderna's Covid-19 vaccine arrived in Singapore on Wednesday afternoon (Feb 17).

It is another step forward in the Republic's bid to control the Covid-19 outbreak.

More: https://www.straitstimes.com/singapore/transport/first-shipment-of-modernas-covid-19-vaccine-arrives-in-singapore-on-feb-17

[2:39 pm, 17/02/2021] +Ben: Way over my head, I must have missed a few messages. I too have no hostile intentions.

[2:42 pm, 17/02/2021] +Nat: There are many other tech out there which we can rely on that doesn't use satellites, potentially making it easier and faster 

V2G (Grid), V2I (Infra) and V2X (Everything) tech are such examples 

There also technologies like MQTT for communication so I thought leveraging all these rather than just falling back to satellite-based options would be worth thinking about

[2:46 pm, 17/02/2021] +Valli: Going forward, likewise for mobile phones & computer cables & probably electronics, 

there should be a global understanding & implement a common charger, cable. 

This will cut down on electronic waste.

[2:47 pm, 17/02/2021] +Nat: Totally understand your point about standardisation but call me a preacher if you will, I talked about how people come up with tons of standardisations in the name of standardisation to standardise other standardisations but in the end, there are more and more standards, how to standardise? Lol

[2:48 pm, 17/02/2021] +Murphy Choy: Standards are just like guidelines. The companies exploit this to create customised solutions to make more money.

[2:49 pm, 17/02/2021] +Murphy Choy: Well that happens when the standards are not integrated.

[2:49 pm, 17/02/2021] +Nat: https://www.charinev.org/about-us/vision-mission/

For EVs, here's CharIN which I mentioned, who are behind the CCS charging plug standard

[2:55 pm, 17/02/2021] +Valli: We should have a global controlling body similar to WHO for health, one controlling voice for Global Waste to make this  reality. 

For a better future Smart Techno World .

[2:58 pm, 17/02/2021] +Nat: I must say today's discussion was really fruitful even though it's not directly related to the actual topic of Budget 2021, but I hope there will be an ESC on environmental and sustainability issues soon and find the best solutions and alternatives


[3:10 pm, 17/02/2021] ☸️  Danny 心: 

Question to ask - why a car accident can trigger such a big fire?

Is it a poor car design that trigger this?

BMW seems to have a higher chance of triggering a fire.


[3:18 pm, 17/02/2021] +Leonard Lau: It was reported widely in US and Europe of BMW caught fire after collisions .  Also there were questions why the rear wheels were  locked up which led the car to skid  .  

This one is multi-facet since the driver could be down to inexperience , vehicle mods which may led to the tragedy.   

Obviously , TP may not be a good place for test drive and they were instantly punished when a mishap occurred .


[3:20 pm, 17/02/2021] ☸️  Danny 心: 

The crash may injured the occupants.

The fire kill them.


[3:21 pm, 17/02/2021] +Leonard Lau: Most likely especially at least one may not be belted up .

[3:31 pm, 17/02/2021] +Rama: Believe it was a two door car so rear passenger less chance of escape even if not belted up.


[3:31 pm, 17/02/2021] ☸️  Danny 心: 

The next question to ask is the car manufacturer liable - as car in a crash should not trigger a fire.


[3:33 pm, 17/02/2021] +Rama: New vehicle should be under warranty so manufacturer has to commend on probable cause.


[3:34 pm, 17/02/2021] ☸️  Danny 心: 

If a car in a crash trigger a fire - then it is design fault and car manufacturer will have breach car safety.


[3:35 pm, 17/02/2021] ☸️  Danny 心: 

That's it is design not fit for purpose and safety.


[3:36 pm, 17/02/2021] +Leonard Lau: Someone has to start the ball rolling .   

The convenient way is for the car company to push the responsibility to the driver and expert opinions may swing to BMW favour in this case   . 

Hence it is always good objective to suspect the car mechanisms first before investigating the driver .


[3:38 pm, 17/02/2021] ☸️  Danny 心: 

The driver is responsible for speeding, but if the car is known to crash and can trigger a fire at a high speed crash - then I think car manufacturer is equally liable to design a car that breach safety.

Else they will have to limit the maximum speed.


[3:38 pm, 17/02/2021] +Leonard Lau: Yes .. in US and Europe , people always question the car first not the human especially fires etc . Eg. Honda and Toyota was found guilty covering up mechanical and safety issues in the 90s.  People has to question the machine

[3:39 pm, 17/02/2021] +Leonard Lau: Yes .  M4 is a gentleman’s toy . It supposed to keep the driver safe after collision .

[3:39 pm, 17/02/2021] +YT: What a mess. So much resources expended just because some people didn't use their brains and decided to do a street race. Fire fihhters, police, paramedics, doctors, insurance, etc., so, why are people still saying this is a tragic event? It was preventable and avoidable. Hope people will get this straight.

[3:40 pm, 17/02/2021] +Rama: Social media picked up that the driver might not have a driving licence.  If so, is it a perquisite to buy a car in Singapore at the show room?


[3:40 pm, 17/02/2021] ☸️  Danny 心: 

LTA may need to consider studying the safety of imported cars that can trigger fire upon impact.

This will make car manufacturer accountable in car safety.


[3:46 pm, 17/02/2021] +Leonard Lau: Yes . LTA  got to get behind this fault and understand it . If this car caught fire  at TP,  it may just blew up on any expressway too.

[3:47 pm, 17/02/2021] +Leonard Lau: The driver has a license and he has been driving overseas too.

[3:48 pm, 17/02/2021] +Bobby Tan: Just made it compulsory to test drive car before buy. Test drive needs to produce driving licence.

[3:49 pm, 17/02/2021] +Leonard Lau: Isn’t this a existing rule ? We have to produce license when test driving ?

[3:49 pm, 17/02/2021] +Bobby Tan: All two doors cars that got back seats need a equipment behind to break the glass to get out in emergency.

[3:50 pm, 17/02/2021] +Bobby Tan: Many ppl buy without test drive as sometimes queue too long.

[3:50 pm, 17/02/2021] +CQ: It was a second hand car if I recall correctly from another report...

[3:50 pm, 17/02/2021] +Bobby Tan: Yes and we not sure how many modifications were done to the car.

[3:52 pm, 17/02/2021] +Leonard Lau: Yes . What was the quality of the car ?  How come it was sold to the driver lower than expected sum ?  Many questions still unanswered .

[3:53 pm, 17/02/2021] +Leonard Lau: I think in this case , the driver has not trial the car detailed enuf before it put on a test .

[3:54 pm, 17/02/2021] +Bobby Tan: Yes I believed so

[3:56 pm, 17/02/2021] +CQ: that's a question for the inquiry, the information isn't publicly available. but i don't think the pricing is that far off.

[4:03 pm, 17/02/2021] +Leonard Lau: Yup .. let’s await the report .

[4:17 pm, 17/02/2021] +REACH: 11 new Covid-19 cases in Singapore, including 1 in community

There were 11 new coronavirus cases confirmed as at Wednesday noon (Feb 17), taking Singapore's total to 59,821.

They included one community case, said the Ministry of Health (MOH). There were none from migrant workers' dormitories.

More: https://www.straitstimes.com/singapore/11-new-covid-19-cases-in-singapore-10-imported-1-in-the-community

[4:55 pm, 17/02/2021] +REACH: COE prices end lower at latest tender

Certificate of entitlement (COE) prices fell across the board at the end of the latest bidding exercise on Wednesday (Feb 17), continuing a mostly downward trend from the previous tender.

The premium for commercial vehicles fell by the largest margin, about 10 per cent, after hitting a three-year peak two weeks ago.

More: https://www.straitstimes.com/singapore/transport/coe-prices-end-lower-at-latest-tender*

[5:04 pm, 17/02/2021] +Bobby Tan: Link not working

[5:05 pm, 17/02/2021] +Linda: https://www.straitstimes.com/singapore/transport/coe-prices-end-lower-at-latest-tender

[5:06 pm, 17/02/2021] +Bobby Tan: Thanks

[5:07 pm, 17/02/2021] +Nat: Didn't work cuz of the asterisk which they wanted to use to bold the text

[5:47 pm, 17/02/2021] +XaniceAfcai: Did u report to oneservice app and call neighbourhood police?

I did when I encounter this at wee hrs. These not only create noise pollution, endanger life and public nuisance.

[5:48 pm, 17/02/2021] +Kevinn Wang: The root cause is the workshop target them

[5:49 pm, 17/02/2021] +Kevinn Wang: Heavy fine force closure

[5:49 pm, 17/02/2021] +Kevinn Wang: Is a open secret which are some of these so call workshop that dealt with these rice boi mordifications


[6:15 pm, 17/02/2021] ☸️  Danny 心: 

https://abcnews.go.com/US/mysterious-bmw-fires-continue-calls-investigation-grow/story?id=60843215


[6:16 pm, 17/02/2021] ☸️  Danny 心: https://www.thesun.co.uk/motors/8544496/bmw-fire-coolant-warning-letter/


[6:17 pm, 17/02/2021] ☸️  Danny 心: https://www.dailymail.co.uk/news/article-5049045/BMW-recalls-one-million-luxury-cars-fire-fears.html


[6:19 pm, 17/02/2021] ☸️  Danny 心: 

I think the tanjong pagar BMW - fire on impact deserves a review on car safety especially if it could trigger a fire upon impact.


[6:27 pm, 17/02/2021] +Ken: Quite a lot recently 😅

[6:28 pm, 17/02/2021] +Kevinn Wang: have to see where the fire started if engine is usually short circuit

[6:28 pm, 17/02/2021] +Kevinn Wang: if fuel tank there are proven science that it does not explode easily on impact

[6:29 pm, 17/02/2021] +Kevinn Wang: anyway lets not take the focus away where the cause is speeding not the fire

[6:29 pm, 17/02/2021] +Kevinn Wang: so what shoudl be done to better curb speeding on rd by all forms of vehicals

[6:31 pm, 17/02/2021] +Kevinn Wang: in fact TP and regulators should do more to show to the society that THEY DO NOT GIVE IN TO expensive cars (urban legend is tp dare not find fault with luxury cars continental espically

[6:31 pm, 17/02/2021] +Kevinn Wang: thus we see more rice boys in VW / Beemers / merc dress as amg class

[6:33 pm, 17/02/2021] +CQ: Since when does TP give face to luxury cars?? In fact it's the contrary, they pay closer attention to these cars which can run!

[6:34 pm, 17/02/2021] +Berny: This is my personal and humble opinion ah

[6:35 pm, 17/02/2021] +Berny: Most people, staff, residents, workers, most of them like to wait till something happen before somebody starts investigation and rectifying that fault

[6:35 pm, 17/02/2021] +Berny: I heard that area is particularly famous (heard ah, could be fake news) for having cars zooming down the street

[6:36 pm, 17/02/2021] +Kevinn Wang: go see the mod compare to normal cars den u know ...

[6:37 pm, 17/02/2021] +Kevinn Wang: maybe the work on the concept innocent till guilty ?

[6:38 pm, 17/02/2021] +Kevinn Wang: hahahaha

[6:38 pm, 17/02/2021] +Kevinn Wang: proven guilty ?

[6:38 pm, 17/02/2021] +Berny: This mindset is wrong to begin with

[6:38 pm, 17/02/2021] +Berny: Thats why police and mrt always announce, see anything or anyone suspicious, call 999

[6:38 pm, 17/02/2021] +CQ: So should be guilty until proven innocent?

[6:39 pm, 17/02/2021] +Berny: Dont wait till bomb explode then say: oh ya, this weird guy always loiter there, oh ya, i saw the bag with wire sticking out, etc

[6:40 pm, 17/02/2021] +Berny: My choice of words might be wrong ah, but theres no foresight

[6:42 pm, 17/02/2021] +Kevinn Wang: please lah read what the ground says is not as if these comments are based on hear says

[6:42 pm, 17/02/2021] +Kevinn Wang: that area how many feedback had been put in

[6:42 pm, 17/02/2021] +Kevinn Wang: if action is take will such happen ?

[6:42 pm, 17/02/2021] +Kevinn Wang: there is no smoke without fire

[6:42 pm, 17/02/2021] +Kevinn Wang: sometimes certan things in society have to give some attention else it will spread like cancer den something major will happen

[6:42 pm, 17/02/2021] +Kevinn Wang: is a good reminder to those in public services why must be so defensive


[6:43 pm, 17/02/2021] ☸️  Danny 心: 

1. LTA may want to consider 2 classification of speeding.

- speed exceed 20 kmph above speed limit - consider speeding and should be impose with current penalties and fine.

- 2nd category - any speed limit exceeding 50kmph or involve in car racing with other cars or with modified cars - should be categorised as "car racing".

Penalties should include "mandatory jail sentence" plus hefty fines and banned from driving for at least 5 years.

This will provide sufficient deterrence.


[6:44 pm, 17/02/2021] +Kevinn Wang: should not it be innocent till proven guilty? i thought is always that case?

[6:44 pm, 17/02/2021] +Kevinn Wang: Penalties should include "mandatory jail sentence" plus hefty fines and banned from driving for at least 5 years. ->>> thsi one good plus canning if possible

[6:45 pm, 17/02/2021] +Kevinn Wang: but i think there was a case involving 2 cars before i forget the sentence is at lim chu kang


[6:45 pm, 17/02/2021] ☸️  Danny 心: 

Caning too serious - only for violent criminals.


[6:46 pm, 17/02/2021] +CQ: Yes it is. It's always innocent until proven guilty. But to say that this mindset is wrong to begin with..... I don't know, maybe I misunderstood the message

[6:46 pm, 17/02/2021] +Kevinn Wang: workshop that do illegal mod should be fine also

[6:46 pm, 17/02/2021] +Kevinn Wang: that will deter the source to mod


[6:47 pm, 17/02/2021] ☸️  Danny 心: 

How does the car pass the inspection test if car modified.


[6:47 pm, 17/02/2021] +Kevinn Wang: and those wanna be workshop who thing they know what they are doing but endangering the lives of others

[6:47 pm, 17/02/2021] +CQ: Speeding above a certain limit already attracts mandatory DQ. Can't remember for how long

[6:47 pm, 17/02/2021] +Kevinn Wang: open secret ->

[6:47 pm, 17/02/2021] +Berny: Remove mod, put stock parts, go test, pass, put back mod


[6:47 pm, 17/02/2021] ☸️  Danny 心: 

LTA let it pass?

Cannot be.


[6:47 pm, 17/02/2021] +Kevinn Wang: before inspection go back same workshop tear out all mod make it as original as possible

[6:48 pm, 17/02/2021] +Kevinn Wang: inspection pass put all back

[6:49 pm, 17/02/2021] +Kevinn Wang: and the workshop sometimes provide a package

[6:49 pm, 17/02/2021] +Kevinn Wang: including SURE pass situation ..


[6:51 pm, 17/02/2021] ☸️  Danny 心: 

Time for LTA to raid all these workshops that do illegal modification.


[6:51 pm, 17/02/2021] +Kevinn Wang: it had been there for years

[6:52 pm, 17/02/2021] +Kevinn Wang: raid den will go under sea den after x period will surface again

[6:53 pm, 17/02/2021] +Kevinn Wang: bottom line which i hope we all dun forget

[6:53 pm, 17/02/2021] +Kevinn Wang: speeding is wrong espically in Singapore our road are so congest and small

[6:54 pm, 17/02/2021] +Kevinn Wang: drink driving shoudl be maid a canning crime

[6:54 pm, 17/02/2021] +Kevinn Wang: made sorry hahaha

[6:55 pm, 17/02/2021] +Kevinn Wang: by doing this are we limiting the passion of motor sports

[6:55 pm, 17/02/2021] +Kevinn Wang: no .. u wanna speed and have fun go sepang or gudang up north and do up the car properly

[6:56 pm, 17/02/2021] +Kevinn Wang: those are control environment where damaged can be controlled

[6:59 pm, 17/02/2021] +Ben: Maybe swap a Golf Course for a Race Track, takes up less space and can charge the same amount!

[7:00 pm, 17/02/2021] +Kevinn Wang: hahahahah wait long long

[7:01 pm, 17/02/2021] +Kevinn Wang: wait they tell u have mah road safety park hahahah

[7:09 pm, 17/02/2021] +Rama: 2nd category attractive

[7:10 pm, 17/02/2021] +Rama: Definitely

[7:11 pm, 17/02/2021] +Rama: Add retake highway code and driving lessons.


[7:12 pm, 17/02/2021] ☸️  Danny 心: 

Car racing is a menace and a nuisance in our road.

It serve no purpose except cheap thrill - but threaten the safety of the population on the road.

Law must catch up to stamp the disapproval.

If people like car racing - join formula one.

If not don't do it on our road.


[7:12 pm, 17/02/2021] +Alvin: I rarely agree with you but this I totally doubly second your idea

[7:17 pm, 17/02/2021] +Caleb: 👍

[7:19 pm, 17/02/2021] +Rama: Totally agree

[7:24 pm, 17/02/2021] +REACH: $870m aviation support package to pay up to 50% of wages from April to September: MOT https://www.straitstimes.com/singapore/870m-aviation-support-package-to-pay-up-to-50-of-wages-from-april-to-september-mot?&utm_source=whatsapp&utm_medium=social-media&utm_campaign=addtoany

[7:48 pm, 17/02/2021] +Desmond Koh: more than 40 km/h, offenders will already be prosecuted in court and subject to a jail term of up to 10 years.

[7:48 pm, 17/02/2021] +Desmond Koh: https://sso.agc.gov.sg/Act/RTA1961?ProvIds=P1IV

[7:49 pm, 17/02/2021] +Desmond Koh: LTA is a very messed up statuary board... our govt should looks at how other first world countries manage their land transport

[7:50 pm, 17/02/2021] +Desmond Koh: I’m saying they are messed up due to the previous bike sharing and MRT issues....

[7:50 pm, 17/02/2021] +Nat: Hahaha you and I need to have a cuppa and rant face to face

[7:51 pm, 17/02/2021] +Desmond Koh: LTA still have hardworking officers la

[7:51 pm, 17/02/2021] +Desmond Koh: But IMO they are the worst SB in SG

[7:52 pm, 17/02/2021] +Desmond Koh: looks at so many POH that took over transport portfolio and left the politics 😂

[7:53 pm, 17/02/2021] +Nat: Simi is POH ah?

[7:54 pm, 17/02/2021] +Desmond Koh: Political Office Holder

[7:55 pm, 17/02/2021] +Nat: Hahaha not say they no substance or what lah but have to press on if they kena arrow to be Tpt Minister

[8:00 pm, 17/02/2021] +Rama: On par with!?

[8:09 pm, 17/02/2021] +Desmond Koh: Hong Kong, Taipei and Tokyo 😬


[8:19 pm, 17/02/2021] ☸️  Danny 心: 
For car racing, propose "1 strike you are out".
2 strike is not a deterrence.


[8:31 pm, 17/02/2021] ☸️  Danny 心: 
Classifying a separate category call "car racing" as an offence - denotes disapproval of car racing on our road.

[8:32 pm, 17/02/2021] ☸️  Danny 心: 
Which should be separated from "speeding".

[8:32 pm, 17/02/2021] +Kevinn Wang: speeding or racing is just a thin line
[8:33 pm, 17/02/2021] +Kevinn Wang: if i need to race i need to step on the gas usually

[8:34 pm, 17/02/2021] ☸️  Danny 心: 
1. Speeding could be due to rushing for time.
2. Car racing is a deliberate car race for cheap thrill.

[8:34 pm, 17/02/2021] +CQ: whether it's "racing" or "speeding" is about the objective in flooring the accelerator. you can be a speedster without racing because there's no "competitor", likewise you can be racing but when you're in a chui car, you might max out at 120.

[8:34 pm, 17/02/2021] ☸️  Danny 心: 
1. Speeding don't modify engine.
2. Car racers do.

[8:35 pm, 17/02/2021] +CQ: unless the message to be sent is "i don't care what's the reason. if you cross into a certain speed, you hit this penalty."

[8:37 pm, 17/02/2021] ☸️  Danny 心: 
1. Speeding - agree with current penalties - where repeat offenders can be jailed.
2. Car racing - is for cheap thrills and car competition.

[8:38 pm, 17/02/2021] ☸️  Danny 心: 
1. Speeding - 2 chances.
2. Car racing - 1 strike you are out.

[8:45 pm, 17/02/2021] +REACH: Dear Contributors!
⏰ We will be closing the chat in 15 minutes ⏰
Megan
[8:46 pm, 17/02/2021] +Alvin: I somewhat agree with Danny. Need to split category. If the person caught racing says he’s just speeding then check his car for mods immediately. If got mods you will get penalized simple as that.
[8:46 pm, 17/02/2021] +Alvin: Gdnite Megan
[8:48 pm, 17/02/2021] +Ben: In the UK there is careless driving, fine and points; then  there is reckless driving which is a ban, and jail if there is accident.
[8:49 pm, 17/02/2021] +Bobby Tan: Good night Megan
[8:49 pm, 17/02/2021] +Ben: Anyone dies and manslaughter charges will be added.
[8:49 pm, 17/02/2021] +Ben: I think we need time to pause and reflect in light of this human tragedy, but clearly a change is needed to stop it again.
[8:50 pm, 17/02/2021] +Ben: As much for the protection of young people who get drawn into this behaviour, as well as bystanders who are at risk too.
[8:51 pm, 17/02/2021] +Ben: Good night!
[9:01 pm, 17/02/2021] +REACH: Dear Contributors,
We will be closing the chat for today.
Thank you very much for being part of our WhatsApp chat and participating actively.
Goodnight!
Megan

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